Elite Financial Services - Are customers happy with them?

There are numerous Elite Financials and I don't believe they are affiliated with the BBB (see below). As far as associations they're associted with the Chamber of Commerce.

Business Contact & ProfileBack to Top ID: 103813
Business Name: Elite Financial Services, Inc.
Business Address: 999 Broadway, Suite 200
Saugus, MA 01906
See the location on a Mapquest Map
See the location on a Google Map
Original Business Start Date: 1/1/2007
Type of Entity: Corporation
Incorporated: 2007 in MA
Principal: Jason F Voci, President
Number of Employees: 35
Phone Number: (866) 922-0040
Fax Number: (781) 233-3800
BBB Accreditation: This business is not a BBB Accredited Business
Type of Business: CREDIT-DEBT CONSOLIDATION SERVICES
FINANCIAL SERVICES

Thanks Nico. What are you're thought's should I call the chamber of commerce?

Just because they're not w/ the BBB doesn't make them a bad company. It's normally because they haven't been in business for at least 12 months. Several questions come to mind: why wouldn't they register w/ the BBB since it's over the 12 month mark? and why not register w/ the typical settlement associatins (usoba, tasc, iapda, etc)? I would also talk to at least 2 other companies to draw comparisons.

and Margiehasseve, if you can afford to pay 20% more than the minimums as you mentioned, unlike many folks across the country you have the option of avoiding the settlement route. talk to a dmp or even better get into an accelerated payment program.

I agree with Nico in that you should check all of you're options before you consider going debt settlement. Just make sure that you take you're time and it sounds like you're not in a crisis like most others on this forum.

Quite frankly I think the borrower would be better off not doing debt settlement. She is able to make her monthly payments and then some....why pay the fees of a debt settlement company?? Current accounts are not going to settle especially with great credit...and asking for a settlement is going to start raising red flags with her creditors....

I paid them $4200 in the last 9 months, they settled my circuit city card for $325 when I enrolled the balance was $523. I asked for a refund after learning that my Bank of America account was sent to a collection law office and a judgement was placed against me. They did not tell me that would happen or could happen.

I still have not received a refund and just found out last week that my wages are being garnished. My lawyer is in the process of sending them a letter. Thanks for nothing..you hurt me and my family.

TO: Jazmines. What type of letter is the lawyer sending to the company? I'm in the process of canceling with these people and was just gonna send my own letter. Thnx

A letter of intent for suit if a full refund isn't sent to his office within 7 days from when they get his letter.

Elite Financial Services owners are Jason Voci. Daniel Perry and Wayne Ahlquist. If you check with the Mass division of corporations you will see that they are listed as the directors. I did a cross search on all of the officers for other ownership of corporations. Wayne Ahlquist owns several debt settlement companies along with his partner Lamont Milton:

1. Preferred Financial Services Andover, MA

2. Accelerated Financial Services 49 Blanchard St Lawrence, MA

3. Premier debt solutions 7 Kimball Lane Lynnfield, MA

If you need additional information go to the Massachusetts division of corporations and you can see other contact information. You should also run a google search on these individuals and you will see that there are several threads on this website and rip off report .com that is not good.

I signed up with this company and they settled all but 1 of my debts in less than 12 months. They even had my credit fixed before I finished the program. I highly recommend them.

MDLS: Your post sounds like someone that works for the company. You're credit was fixed before you finished the program? How much debt did you have and what were you paying monthly?

You should check out a company called credit card debt Reducers. They may be able to knock some fees off.

I will keep informed AJStarts on what happens after the Holiday. I can only hope that they refund me before Christmas.

I'm about to go settle with Elite Financial Services, Inc. in Saugus, MA 01906. i don't know if they are good after reading all your massage should i go with them? are they a good company?

Don't ruin your financial future. They are not a good company at all, I filed bankruptcy last month due to their stealing of my money.

The MA. Better BUssiness Bureau has the company listed with a B+ rating , that should tell you alot .

has any heard of this company? They are a loan modification company. I don't know if I should believe them or not. Does anyone know where I can get information on getting my loan modified?

This is a bad!!!!!!!!!!!!!! Company. I called the mortage Co. An B.B.B. Also the same person ( Chris or Nick ) would pick up the phone. Sometimes you would hear people laughing , but always two or three guys that would call you. they wanted my bank acc. bad My wife an I told them no , then they got mad as ever! DO NOT TRUST ANY IN FLORIDA

BeckyP Stay away from Elite Fin. / First Universal Bad news all the way around. I was two days with them calling me, and pushing me to sign up. They wanted 998.00 down then they would send me the paperwork. Don,t give your money away.

After hearing a lot of ads on the radio lately about debt settlement, I researched the company I am enrolled with and came across this blog. Mainly I was just looking to see if they had generated any recent complaints. I was in a sticky situation and needed to either file bankruptcy or go with debt settlement. First, I was going to go with another company, as they were 30$ cheaper a month, and stated they could save more. I then researched them on the better business bureau, and they were averaging over 1 complaint a month. I then researched EFS, and found they have had one complaint in their history of being open (early 2007). That was one thing, that really helped me make my mind up. EFS also had a B+ rating when the other company had an F. Wasn't the hardest decision to make once I did some research. So to anyone in a situation stuck choosing, research helps. On the note, Since being enrolled, accounts were settled better than 50%. There was one account settled at 34% and one at 41%. However, there was one account settled at 50% on the dollar. I never seem to have an issue when calling, and can always get in touch with someone who is willing to help. So Far So Good, and based on that I would recommend this company!

What should I di about this. I am beginning to wonder if I am going the Wrong way
Thanks for youer Ans.

I was a client of this company, I entered into a 36 month program and they completed me in 17 months. I honestly recommend them. My Representative was always available and they saved me about an average of 70% off of my Debt amount enrolled. Excellent company.

I want to add one last thing, I see that someone on here is refering to Elite financial the mortgage company in Florida. They are NO relation to Elite financial in MA. EFS in MA is strickly a DEBT SETTLEMENT company. & I agree with most people on here who have actually dealt with them. B+ rating with the BBB says it all. They are one of the most reputable debt settlement companies in the industry.

I have been speaking with this company for about 1 week, I have done lots of research on the internet and can only seem to find positive feedback on this company. They are one of the only companies that offer a Fee back guarantee, as well as one of the only companies that seem to base thier settlement off of you starting amount, not starting amount and accrueed interet. When they say they will save you 50% or more, they mean it. I spoke to 5 other companies that all said they would save me 50% but that was with the interest included, so in effect I'd really only save about 10% overall. Elite saves you 50% at a minimum and 100% of any interest and fee's

I am going to leave the link to the BBB, this was my deciding factor to sign up with this company. I will also post some client feedback taken directly from the BBB report. very interesting

Better Buisness Bureau link just copy and paste

client feedback on this company, actual clients taken from the BBB

client 1.

Date Submitted: 7/12/2009
Overall Feedback Rating: Excellent
Primary Nature of Compliment: Product/Work Quality
Secondary Nature of Compliment:
Detail: I began my journey of debt elimination with Elite in the Spring of 2008. I had approximately $7,000 in credit card debt which was not enough for most debt solutions companies but Elite financial was more than willing to help me resolve my credit card debt. I was a single mother when I started out and I didn't have much money to spare after taking care of my monthly bills. The staff at Elite took all of my financial information and helped me find a payment that would fit my budget and not leave me broke at end of each money. At first I was really scared because I had heard the horror stories of people paying debt solution/consolidation companies month after month only to find that the company wasn't doing anything to resolve their debt so I made it a point to keep track of what was going on with my account. Much to my relief I received monthly (some times twice a month) phone calls from my financial advisor, letting me what was going and inquiring if I had any creditors calling or mailing me for payments or offering settlements. I still remember the day she called to tell me my first account which was about $5,000 was settled for a little over $900. I cried and laughed with excitement because it had only been a few months into the program. Not long after this settlement and just over a year of being in the program, I received a call from a new financial advisor, that my last two accounts had been settled for only $479! I was in shock for a moment then the tears of joy and relief came (and I'm crying now as I write). It's a moment in my life I will always remember because for once in years I was not stressed or worried about the phone ringing and someone on the other demanding a payment which I didn't have. I can go to the mailbox and not worry that there will a "threat" for legal action if payment is not received. The staff, no that's an understatement, my friends at Elite Financial Services gave me back something I lost years ago when my credit card debt entered my life and that's my peace of mind. I cannot truly put into words the gratitude and love I have everyone at Elite that has given me back my life. Thank you all so very much. I highly recommend Elite Financial Services to anyone who finds themselves in any financial debt situation because this is truly a company of its word!!!


client 2.
Date Submitted: 2/25/2009
Overall Feedback Rating: Excellent
Primary Nature of Compliment: Product/Work Quality
Secondary Nature of Compliment:
Detail: For others out there seeking help with debt issues, I will recommend Elite Financial Services for their help in resolving several of my debts within a year. My present contact was always available and ready to answer questions and did a tremendous job finding great settlements. I highly recommend their service.


I will post back from time to time and let you know how things go

client 1.

[samebox="Vikas"]Content removed since I received a Fax from Jason at Elite Financial Services, Inc. certifying under penalty of perjury that the content posted is false. This was done as per policy posted at http://www.ourcommunitypower.com/vikas/how-to-respond-to-information-posted-about-you-or-your-company-on-ourcommunitypowercom-forums/
The fax has been kept on file.[/samebox]

I just signed up with Elite today. I am very nervous after reading all of these posts. The gentleman I worked with did seem to have the perfect answer to every question. I have supposedly agreed on 36 month program that will eliminate my debt of $36,000.00 by paying $721 per month. If it actually takes all 36 months, I will have paid $25,0000.00 saving me $11,000.00 that does not sound too bizzare, so I believe it is ligitimate. Am I in over my head? What could the repercussions be? My first payment is scheduled next week? What to do?

DO NOT USE ANYTHING FROM ELITE FINANCIAL!!!!!!!!!!!!!! CALL ME AND I WILL BE MORE THAN WILLING TO SHARE MY SITUATION. xxx-xxx-xxxx BRENT. tHIS IS ONE OF THE EASIEST PLACES THAT WILL TAKE YOUR MONEY


Personal information deleted, for your security. - Uncle Wulf

I have used this company with great results they are sincere and very knowledgable the have mad my credit scroe rise to very good statis Pete

do not use them - they rip you off and are not upfront about how bad they let things get. I am in the process of fixing the damage they have caused over the last 3 months - at least the companies I phoned were receptive and very nice about the situation. Now my clean up begins and I highly recommend you stay clear of this company.

I contacted Elite, or rather another company via online app, and someone from Elite contacted me. The program sounds too good to be true. The promise they will clear four of my credit card accounts for 1/2 to 1/3 of what I owe within three years, and at less per month than I'm paying now.

I am tempted, however I am leery based on the excessive calls and emails I have received from the person at Elite.

My original request was for email contact only, yet within a few minutes of submitting the app, he called me at work. I told him I could not talk at work and to call after 6pm. During the past month or two since this initial contact, I have had over 13 calls to my cell phone, and as many emails as well.

I finally just had to ask him to cancel the request and I would touch base after I had time to look over the emails and other information provided.

I'm just not sure if this is the way to go, but I'm sick of the four card who in the past year were going to jump my APR from around 9%-14% to over 20% for no reason. I have a credit rating on the border of good and excellent, so this made no sense. So, to keep from having these exhorbitant rates applied to existing balances...I opted to close all these cards and continue paying at my old rate. Must say I'm pretty sick of throwing $100 a month way on finance charges on that Discover card tho...would love to just wash all this debt away...

[QUOTE=Unregistered;487790]DO NOT USE ANYTHING FROM ELITE FINANCIAL!!!!!!!!!!!!!! CALL ME AND I WILL BE MORE THAN WILLING TO SHARE MY SITUATION. xxx-xxx-xxxx BRENT. tHIS IS ONE OF THE EASIEST PLACES THAT WILL TAKE YOUR MONEY


Personal information deleted, for your security. - Uncle Wulf[/QUOTE]
I am interested in working with Elite Financial Services in Florida, I would appreciate some more information on this or a number I can reach you at to discuss.
Thank You,
Mike

Quote:

I signed with Elite and in eight months they helped me reduce my debt I found them polite and helpful and I fully recomend them

My sister used elite finanacial services and they saved her 19,000 ,,, she said her debt total was about 36,000 , after 30 months in program she was debt free ,, at first she was happy about being debt free and told me to check them out since i was in same situation ,,, but her credit score went down and credit card company's still wouldnt give her lines of credit ,, and banks wouldnt approve her for a personal loan,,,so she called them up and told her to call this credit enhancement company that worked with them ,,,so she did and 120 days after being with this company her credit score was over 700 .... shes was extatic,, i remembered this blog site a while back when i was researching it and i would have to say this company is great,,, i really think it is a loop hole in our financial system though i mean i could go get 50,000 in credit cards spend the money call elite and they will negotiate settlements on all accounts for 50% or less ,,,, then call credit enhancement and after 4 months ill have perfect credit again ,,, whats gonna stop me from keep doing this in all actuality its free $$$ ,,, its repally a loop hole in system and i urge everyone in this great recession to take full advantage of this !!!!

OK ! everyone is scaring me cause i just registered with this company today.I start payments at the end of this month. I am disabled & on a fixed income,I told the man that at times I don't have money to buy food for the month & only get $800.00 a month to pay for everything.I pray that this company will do me right !!!! nobody will help me, especially the banks . this is my last chance to a debt free life.tonight I will go to bed hungry, please pray for me.

I really like to see here about this all.I am also looking for some one good who provide me financial services.please tell me how i can get it.
Your signature has been removed, solicitations are against the TOS!

I urge you to check out their reputations when using different names. They also go by Preferred Financial Solutions, Advantage Financial Services, Accelerated Financial Services and even just Financial Services. Preferred Financial has an F with the Better Business Bureau and enough complaints to make you think twice. http://www.bbb.org/boston/business-reviews/debt-settlement-companies/preferred-financial-services-inc-in-lawrence-ma-4011/

Hi,

We can only detect a company's authenticity by its services.If you think that you are getting good services from them and you are satisfied, there is no harm in letting them work for you.As such all settlement company has its own pros and cons! For more information regarding their services log in to this site" http://www.efs-debtfree.com/".

Quite frankly any company that says - "they told me I have 2 days to get my paperwork in to them or else I would not be approved" is on the other side of helping!

Quote:

I think that if it is too good to be true, it is too good to be true.

Quote:

I have joined Elite Financial Services back in March. I pay them $209.50 at the end of each month for my 25 month program. They have already received 3 payments. Of course I only owe $7500.00 in credit card debt. I lost my job I can't pay as much anymore. However, lately I haven't received any information on what's going on with my account with them. I sent all my letters and paper work out. Now, I am sitting and waiting, watching my minimum payments and late fees add up on my cards. I called my program adviser and was told by him that it was the end of the month and things were hectic. So I said I would contact him in the beginning of July and I will keep this site posted on there services. If they screw me I will post it in every detail. It's not a big loss to me because my girl makes good money and will back me up all the way. So I am able to see how this company works.

I called them today. My account adviser informed me that he will now speak with the account negotiator and that they will call me in about 15 minutes I am waiting for that call still. it only been 7 minutes so I will post more as it progresses.

I called my account adviser about the details on my account and he said to me that he will talk with the account negotiator and that I will receive a call in the next 15 minutes I am still waiting for that call, of course its only been 7 minutes I will post more as it progresses.

My comp messed up sorry for the double posting XD its been 12 minutes now still waiting on the call.

Also just to make sure we are talking about the same Elite Financial Services. The company I am talking about phone number is: 866-922-0040

I never got that call. its been 2 days I waited now I have to call them tomorrow. Its really frustrating. I just keep seeing my late fees and minimum payments adding up. So far this company isn't looking so good. We'll see what happens tomorrow

I have signed with Elite and have had good service. They called with one settlement from the bank within a few days, but they advised waiting for a better one. They are available whenever I call (or return the call in a reasonable time) and call and check with me occasionally to see if we've had calls or letters from the bank. I did a lot of research and they are considered one of the best in the industry. Their fees are high, and I haven't actually had any debts settled yet, but I feel confident they will live up to their contract.